The Spanish Eliance Group has acquired a majority stake in Elifriulia S.p.A., enhancing its operational capacity and aiming for significant growth in Italy's helicopter services market.

Information on the Target

Elifriulia S.p.A., founded in 1971 by Luigi Coloatto and headquartered in Ronchi dei Legionari (GO), is the longest-standing helicopter operator in Italy, boasting over 50 years of experience in air rescue (HEMS) and forest firefighting services. The company also provides a diverse array of additional helicopter services, including flight training, public transport, agricultural work, and the sale and maintenance of Robinson Helicopters. Today, Elifriulia operates a fleet consisting of 17 helicopters and 3 aircraft across three permanent bases, two located in Friuli Venezia Giulia and one in Veneto, employing approximately 65 personnel including pilots, engineers, and administrative staff.

Industry Overview in Italy

The helicopter services industry in Italy is characterized by stringent regulations and a high level of specialization. Companies operating in this sector must adhere to rigorous safety and operational standards, which require significant investments in training and equipment to maintain compliance and effectiveness. The demand for helicopter services such as emergency medical assistance and firefighting has notably increased, driven by the rising number of emergency situations and natural disasters in recent years.

Furthermore, the helicopter services market is seeing a gradual expansion due to advancements in technology and increased awareness of air rescue capabilities among citizens and governments alike. Companies are now seeking to partner wit

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Eliance Group

invested in

Elifriulia S.p.A.

in 2022

in a Management Buyout / Buy-In (MBO) deal

Disclosed details

Revenue: $16M

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